Many people look at those who have already made it and think: 'Wow, what luck!' or 'I wish I were in that place.' But what no one sees are the small daily decisions that led there.
It was giving up leisure moments to study. It was facing the fear of making mistakes and continuing anyway. It was taking one step at a time, with no guarantees, just faith and determination.
Success doesn't happen overnight, but it starts the day you decide to act!
If you have a big dream, stop waiting for the perfect moment. Start today, with what you have, in the way you can. What seems small now will be the foundation of your great achievement in the future!
Things every beginner trader should do before trading.
ANALYZE THE MARKET (BEFORE TRADING) Check the news and economic events of the day. Study the main support and resistance points. Outline your plan: what will your strategy be? What are your loss and gain limits? TRADE WITH FOCUS AND DISCIPLINE Follow your trading plan WITHOUT EMOTION. Respect your stop loss and take profit.
REGISTER YOUR OPERATIONS Every trade must be recorded in a trading journal. Analyze why you won or lost each trade. This prevents repeating mistakes and improves your consistency.
Crypto Market Shows Bearish Trend Amid Current Funding Rates
According to BlockBeats, data from Coinglass indicates that the current funding rates on major centralized and decentralized exchanges suggest a bearish trend in the cryptocurrency market. The funding rates for major cryptocurrencies are detailed in the accompanying chart.
Funding rates are fees set by cryptocurrency trading platforms to maintain a balance between contract prices and the prices of the underlying assets, typically applied to perpetual contracts. This mechanism facilitates the exchange of funds between long and short traders, without the platform collecting these fees. It serves to adjust the cost or profit of holding contracts, ensuring that contract prices remain close to the underlying asset prices.
A funding rate of 0.01% is considered the baseline rate. When the funding rate exceeds 0.01%, it indicates a generally bullish market sentiment. Conversely, when the funding rate falls below 0.005%, it reflects a predominantly bearish market sentiment.
BLACKROCK CEO DELIVERS THE GAME! 🚨Larry Fink, head of BlackRock ($11 TRILLION), revealed the truth: the dollar could lose its status as the world reserve currency to Bitcoin. What does this mean? 🔸 The largest asset manager in the world is already hinting that Bitcoin is the future. 🔸 The FED can print infinite paper, but it cannot mine BTC. 🔸 If even Larry is seeing BTC as a global reserve… just imagine what will happen when the rest of the market wakes up?
THE MARKET IS AFRAID OF TRUMP On Tuesday, April 2, Donald Trump will make a critical announcement for the global economy. The content of the announcement is; US customs tariffs… The expectation that the additional customs duties announced by the Trump administration will come into effect next Tuesday has created serious concern in the market. If officials do not make a positive statement indicating a compromise this week, continued pressure is anticipated. BLACK CLOUDS WILL CLEAR ON WEDNESDAY With the official implementation of the specified measures starting from Wednesday, the uncertainty in the markets will come to an end. Investors believe that a process will begin where "the effects of the worst-case scenario will diminish over time"; this situation may trigger a technical recovery in prices.